$5,600,000 Refinance Loan in Tiburon, CA
Loan Amount: $5,600,000
Term: 9 months
The borrower is a homeowner in Tiburon who needed to pull cash from their vacant home, which was being prepared for sale. Since they were no longer in a position to qualify for bank refinancing and needed certainty of funding, they came to First Bridge Lending for a loan. The borrower contacted us on a Monday, and the loan documents were ready to sign by Friday.
The loan amount totaled $5,600,000 at 59% LTV for a 9-month term. First Bridge Lending agent Christopher Carey facilitated this deal and helped the client secure funding to prepare their house for sale and cover carrying costs during the listing.
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FBL Track Record
Over 2,000 loans totaling more than $1 billion closed since 2012
Funded loans from $100,000 to $5 Million on Residential/Commercial properties
CA Licensed: CFL, BRE, NMLS